Why Ascent Solar Technologies Shares Are Trading Lower By Around 50%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Shares of Ascent Solar Technologies, Inc. ASTI fell sharply during Wednesday’s session after the company announced pricing of a $6 million public offering of shares at $0.14 per share.

Ascent Solar Technologies shares dipped 50% to $0.1374 on Wednesday.

Here are some other stocks moving in today's mid-day session.

Gainers

  • Marin Software Incorporated MRIN shares jumped 152% to $0.7242 after the company announced upgrades to its integration with Microsoft Advertising.
  • Adial Pharmaceuticals, Inc. ADIL gained 75% to $1.9698 after the company announced the publication of a peer-reviewed article highlighting the clinical results, strong safety profile, and high compliance among patients administered AD04.
  • Infobird Co., Ltd IFBD surged 45.3% to $6.00.
  • ReTo Eco-Solutions, Inc. RETO gained 45% to $1.67.
  • Meiwu Technology Company Limited WNW shares jumped 36% to $1.37.
  • Nano Labs Ltd NA surged 31.6% to $1.9502. Nano Labs recently filed annual report on Form 20-F for fiscal year 2023.
  • iCoreConnect Inc. ICCT shares jumped 30.8% to $1.4650. iCoreConnect, last month, closed $2,375,000 convertible note financing.
  • Dogness (International) Corporation DOGZ climbed 22.9% to $8.48.
  • NeoVolta Inc. NEOV surged 18% to $2.0826.
  • BioSig Technologies, Inc. BSGM rose 18% to $1.92.
  • Verb Technology Company, Inc. VERB climbed 18% to $0.2099.
  • Jaguar Health, Inc. JAGX gained 16.7% to $0.1050 after the company reported approval for all proposals at its special meeting of stockholders.
  • Murano Global Investments Plc MRNO rose 13.6% to $11.70.
  • Gaucho Group Holdings, Inc. VINO surged 12.5% to $0.61.
  • Aurora Cannabis Inc. ACB gained 11.8% to $7.11. International Star Inc. appointed Todd Masse as new CEO.
  • Revolution Medicines, Inc. RVMD rose 8.4% to $35.76.
  • Immuron Limited IMRN climbed 6.5% to $2.9731 after the company disclosed record sales (unaudited) of Travelan®.

Losers

  • VIA optronics AG VIAO shares dipped 52.9% to $0.4238. VIA optronics announced intention to voluntarily delist its ADSs from the New York Stock Exchange. VIA optronics and Antolin unveiled Sunrise, a new horizon of integration in vehicle cockpits.
  • Velo3D, Inc. VLD fell 40.1% to $0.2783 after the company announced pricing of a $12 million public offering.
  • EZGO Technologies Ltd. EZGO declined 27.6% to $0.0441. EZGO Technologies revealed a 1-for-40 reverse share split effective April 12, 2024.
  • C3is Inc. CISS fell 22% to $0.0326. C3IS announced a reverse stock split.
  • Nutex Health Inc. NUTX dipped 18.6% to $0.9525.
  • SMART Global Holdings Inc. SGH fell 18.4% to $21.13. Smart Global posted better-than-expected results for its second quarter. The company saw third-quarter earnings of 30 cents per share, plus or minus 15 cents, versus the 28 cent estimate. The company expects third-quarter revenue of $300 million, plus or minus $25 million, versus the $307.864 million estimate.
  • DocGo Inc. DCGO fell 18.2% to $3.15. Stifel analyst David Grossman maintained DocGo with a Buy and lowered the price target from $11 to $8.
  • Gorilla Technology Group Inc. GRRR dipped 18.2% to $0.6216. Gorilla Technology and Thames Freeport announced a strategic alliance.
  • Nauticus Robotics, Inc. KITT declined 18% to $0.21 following weak quarterly sales.
  • Destiny Tech100 Inc. DXYZ fell 17.8% to $52.65 after dipping over 35% on Tuesday.
  • Acorda Therapeutics, Inc. ACOR dipped 16.7% to $0.85.
  • Brenmiller Energy Ltd BNRG declined 15.5% to $2.01.
  • PainReform Ltd. PRFX fell 15.2% to $1.28 after declining 11% on Tuesday. PainReform recently announced results from new studies demonstrating the superior in-vitro release (IVR) rates of PRF-110 compared to topical post-surgical pain management products available in the market.
  • Sunnova Energy International Inc. NOVA fell 14.5% to $4.6150 after jumping around 18% on Tuesday.
  • Kineta, Inc. KA dipped 14% to $0.3699. Kineta recently reported initial clinical response data at the AACR 2024 of its ongoing Phase 1/2 VISTA-101 clinical trial.
  • Hexcel Corporation HXL fell 12.1% to $62.58 after B of A Securities downgraded the stock from Neutral to Underperform and lowered its price target from $75 to $65.
  • Mobile Global Esports Inc. MGAM fell 12% to $0.19 after surging around 78% on Tuesday.
  • Rocket Companies, Inc. RKT declined 11.1% to $12.55.
  • Opendoor Technologies Inc. OPEN dipped 9.8% to $2.47.
  • Biophytis S.A. BPTS fell 9.6% to $0.3560. Biophytis shares jumped around 32% on Tuesday after the company reported a year-over-year increase in FY23 EPS results.
  • Sunrun Inc. RUN fell 9.5% to $11.78. Sunrun priced $230 million senior securitization of residential solar & battery systems.
  • Valley National Bancorp VLY fell 8.2% to $7.34.
  • Deckers Outdoor Corporation DECK dipped 7.7% to $801.03 after Truist Securities downgraded the stock from Buy to Hold and lowered its price target from $983 to $864.
  • RH RH fell 7.4% to $267.43.
  • Wayfair Inc. W dipped 6.7% to $61.87.
  • Tesla, Inc. TSLA declined 3.1% to $171.44 after analysts at Jefferies and Piper Sandler lowered their price targets on the stock.

 

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